AMU Explainer: Understanding open interest as a guide to price movements on LME
This AMU Explainer breaks down how LME open interest works and how it can help you interpret shifts in market sentiment and price direction.
Tag: LME
AMU Explainer: Backwardation versus contango and why it matters
AMU Explainer is a series where we demystify parts of the aluminum industry.
AMU Explainer: Buying physical metal on The London Metal Exchange
The metals industry can confusing for a newcomer. The aim of this series is to explain these terms and practices in plain language.
Commodities ace Edward Meir to contribute to AMU beginning next month!
We’re excited to announce that Edward Meir, a highly regarded commodities analyst, will be contributing to Aluminum Market Update (AMU) beginning in November.
What’s next for Canada trade talks and the Midwest premium?
Trump’s decision to suspend trade negotiations with Canada has crushed expectations of any relief for Canadian producers or the U.S. Midwest P1020 premium.
Examining export bans on UBC and mills in China
China is on a steep learning curve to appreciate the advantage of using recycled metals in its downstream fabrication plants.
LME outlines plans to modernize options market
Most of the world’s global non-ferrous futures business is conducted on the LME’s three trading platforms, totaling $18 trillion, 178 million lots and 4 billion tonnes with a market open interest high of 1.8 million lots in 2024.
The third coming of Indonesia in aluminum
Indonesia is grabbling a lot of attention these days, thanks to ambitious plans by Chinese investors to bet big on aluminum smelting. This is not the first time that Indonesia has captured the attention of the aluminum industry.
The opportunity in recycled metals
There are plenty of opportunities to make money in scrap
Midwest and European premiums favoring Canadian producers
Rising Midwest and European premiums are giving Canadian aluminum producers a rare boost, restoring pricing power just ahead of key 2026 negotiations.